Why the Bitcoin Halving is Bullish for Every Single Cryptocurrency

Lai Tran June 22, 2019 0 Comments

By CCN Markets: The old adage “a rising tide lifts all boats” appears to be more applicable to the crypto market than perhaps any other asset class. Need proof? Just look at the resounding impact the looming bitcoin halving is having on virtually every major cryptocurrency. The Halving is Bullish for the Bitcoin Price For those who are not familiar, the bitcoin halving is a much-anticipated event in which BTC block rewards are reduced by 50 percent. One halving happens every four years. From an economic standpoint, the bitcoin halving is a bullish event because it significantly reduces the inflation

The post Why the Bitcoin Halving is Bullish for Every Single Cryptocurrency appeared first on CCN Markets

Source: Bitcoin CNN